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Newspaper
Lubbock Avalanche Journal
Location
Lubbock, Texas, United States of America
Date
May 22, 1971
Page
5
Broad stocks fell as light volume and cautious sentiment dominated the session. Analysts cited Nixon administration uncertainty and mixed economic signals as investors waited for clearer developments while major indices edged down and volume dried up.
UPI reports New York stocks closed with mixed results as industrials and utilities edged lower while rails and bonds showed slight shifts. The Dow Jones industrial average rose, with total volume around 4.37 million, and the Dow Jones futures index stood at 143.84 for the session.
Markets at a glance show Treasury bonds and prices with mixed moves. Readouts list figures like 80.20 and 1.24, noting net change and federal tax implications in brief market ticks.
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